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5695 Gaffin Rd SE

3,744 SF Industrial Building Salem, OR 97317 $1,900,000 ($507/SF)

Investment Highlights

  • Seller Financing Available
  • Served by well and septic system
  • 4 Top Corporate Neighbors | AMAZON | FEDEX | HOME DEPOT | LINEAGE LOGISTICS
  • Redevelopment Opportunity
  • Located at the Hwy 22 and Gaffin Rd Interchange
  • Tremendous visibility

Executive Summary

An excellent opportunity to purchase a redevelopment opportunity and generate some short-term income while going through the permitting process.
The property currently consists of 5 acres with a pole building, a storage building, and a residential home, all served by a well and septic system. This prime location offers unparalleled convenience and accessibility, making it an ideal choice for companies seeking efficient transportation and distribution capabilities. With its strategic position adjacent to Hwy 22 and close proximity to Interstate 5, this property presents a unique opportunity for growth and success.
*House, shop, and warehouse leased on month-to-month tenancies
*Approximately $3070 monthly net income
*Adjacent to Hwy 22
*Approximately 3 miles to Interstate 5
*The property was recently re-zoned to Commercial
*This part of Salem is a rapid area of industrial development
*Property served by a well and septic system.
*Well installed in 2008 | approx. 102’ deep | Static Level 38.2 | GPM 20-30
*House built in 1954 | 1,364 +/- SF
*Pole building constructed in 2012 - 2240/SF | Storage building construction in 1989 - 3744/SF
*Zone-Commercial (Marion County)
*Second Largest MSA in Oregon with 170,000 + residents
*Located in Marion County
*Please do not disturb tenants
*Seller financing available – Please call listing broker to discuss

Attachments

Lease Brochure

Property Facts

Price $1,900,000
Price Per SF $507
Sale Type Owner User
Sale Conditions Redevelopment Project
Property Type
Industrial
  • General Retail Auto Repair
  • FlexLight Distribution
  • Office Industrial Live Work Unit
Building Class C
Lot Size 5.00 AC
Rentable Building Area 3,744 SF
No. Stories 1
Year Built 1989

zoning

Zoning Code Commercial (Flexible zoning allows for a wide range of permitted uses)
Commercial (Flexible zoning allows for a wide range of permitted uses)
  • Listing ID: 31376446

  • Date on Market: 3/31/2024

  • Last Updated:

  • Address: 5695 Gaffin Rd SE, Salem, OR 97317

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